FTX and Alameda Carried 19 Altcoins Worth 24 Million Dollars: Is There a Selling Risk?

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According to blockchain analytics firm Spot On Chain, FTX and Alameda Research moved 19 assets worth $23.59 million to Binance, Coinbase, OKX and GalaxyDigital OTC over the last four days. Spon On Chain found that the digital assets involved in the transaction include ETH, ALEPH, CRV, LINK and many other tokens. did.

Spot On Chain also underlined that FTX and Alameda Research deposited 74 tokens worth approximately $591 million into the exchanges since October 24, which triggered a lot of speculation. Many crypto users are discussing the intentions of associated companies and the potential consequences of recent developments.

According to the detailed statement, the last transfer made by FTX and Alameda included 3,150 ETH worth $6.8 million, 59.6 million ALEPH worth $6.41 million, 3.60 million CRV worth $2.48 million, 33,388 AVAX worth $990,000 and 848,000 It shows that it contains 50,282 LINK worth USD.

Among the other tokens included in the last transfer, PUNDIX, RSR, DOGE, BCH, CHR, AXS, MATIC, UNI, ORBS, FXS, DOT, GMT, 1INCH and SOL, with a cumulative value of 6.07 million dollars, also stand out.

Recently, former FTX CEO Sam Bankman-FriedHe was found guilty of seven crimes, including money laundering and fraud. Following this development, many crypto users suspect that the recent transfers may be aimed at creating liquidity to meet obligations to creditors, as is often seen in bankruptcy cases.

These developments have contributed to increasing pressure on the crypto industry, which is reeling from declining investor confidence. However, the situation has also intensified calls for greater regulation in the crypto space, especially when dealing with cryptocurrency firms and transactions.


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